Average Bill and Account Collectors Salary in Des Moines-West Des Moines, IA
In Des Moines-West Des Moines, IA, Bill and Account Collectors earn an average annual salary of $50,660, which is notably higher than the national average of $48,000. This localized pay differential is often influenced by the specific economic conditions and demand within the Des Moines-West Des Moines metropolitan area.
Executive Summary
- Average Salary: $50,660 per year.
- Growth Trend: Salaries have shifted 29.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $68,340.
- Outlook: The Des Moines-West Des Moines area supports a local workforce of 380 Bill and Account Collectors. With a Location Quotient of 0.88, the concentration of these roles is slightly below the national average, suggesting a stable but not overly saturated market. The presence of nearly one job per thousand workers indicates consistent, albeit moderate, demand for these professionals.
Salary Overview
The average Bill and Account Collectors in Des Moines-West Des Moines, IA earns+5.5%above the national average.
$24.4
$974
$4,222
Bill and Account Collectors Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that salaries for Bill and Account Collectors in Des Moines-West Des Moines have seen gradual growth over the past four years, mirroring national trends. Economic shifts and evolving collection strategies likely contribute to a steady upward trajectory in compensation for skilled professionals in this field.
Bill and Account Collectors Salary Distribution in Des Moines-West Des Moines, IA
Career progression for Bill and Account Collectors typically involves a salary increase with experience. Entry-level positions might start at a lower percentile, while seasoned professionals with proven track records and specialized skills can command salaries in the higher percentiles. These percentile gaps are indicative of the value placed on experience and expertise within the industry.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $31,150 | $15 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $37,995 | $18.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $48,680 | $23.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $63,325 | $30.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $68,340 | $32.9 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$50,660
Gross Pay
Real Wage (Purchasing Power)
$50,660
Adjusted for COL (100)
The average annual salary of $50,660 in Des Moines-West Des Moines aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers a purchasing power equivalent to the national average, making it a financially stable location for Bill and Account Collectors.
Job Market Context
380
Total Jobs
0.939
Per 1K Jobs
0.88
Location Quotient
Des Moines-West Des Moines, IA has 0.88x the national average concentration of Bill and Account Collectors jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.88 indicates that Des Moines-West Des Moines has a slightly lower concentration of Bill and Account Collectors compared to the national average. This suggests that while the demand is present, the market is not oversaturated, potentially offering good opportunities for skilled individuals without intense competition.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Southeast Iowa nonmetropolitan area Bill and Account Collectors Salary | $39,570↓ 22% | 37 mi |
| Northeast Iowa nonmetropolitan area Bill and Account Collectors Salary | $38,990↓ 23% | 37 mi |
Comparing salaries near Des Moines-West Des Moines, IA
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Des Moines-West Des Moines, IA?
The median annual salary for a Bill and Account Collectors in Des Moines-West Des Moines, IA is $50,660. This typically ranges from $31,150 for entry-level positions to $68,340 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Des Moines-West Des Moines, IA is 5.5% higher than the national median of $48,000.
Is Des Moines-West Des Moines, IA a lucrative place for Bill and Account Collectors?
Yes, it offers a competitive salary.Bill and Account Collectors in Des Moines-West Des Moines earn above the national average, and the cost of living is on par with the national average, making it financially advantageous.
Is Des Moines-West Des Moines, IA a good place to live for Bill and Account Collectors?
The Cost of Living Index in Des Moines-West Des Moines, IA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Des Moines-West Des Moines, IA?
Some top paying nearby cities include Southeast Iowa nonmetropolitan area ($39,570) and Northeast Iowa nonmetropolitan area.
How does the local salary compare to the national average?
The average annual salary for Bill and Account Collectors in Des Moines-West Des Moines is $50,660, which is higher than the national average of $48,000.
What is the Cost of Living in Des Moines-West Des Moines, IA?
The Cost of Living Index in Des Moines-West Des Moines is 100, which is exactly the national average, indicating a balanced cost of living relative to income.
How concentrated are Bill and Account Collector jobs in this area?
The Location Quotient is 0.88, meaning the concentration of Bill and Account Collector jobs is slightly below the national average, suggesting a moderate job market.
What is the total number of Bill and Account Collectors in Des Moines-West Des Moines?
There are approximately 380 Bill and Account Collectors employed in the Des Moines-West Des Moines metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 380 employees in the Des Moines-West Des Moines, IA area with a job density of 0.939 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Bill and Account Collectors • Data source: BLS OEWS 2024 •Jobs in Des Moines-West Des Moines, IA